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RF-PE| Name | Value |
|---|---|
| Revenues | 2,276.0M |
| Cost of Revenue | -41.0M |
| Gross Profit | 2,317.0M |
| Operating Expense | 167.0M |
| Operating I/L | 626.0M |
| Other Income/Expense | -200.0M |
| Interest Income | 1,762.0M |
| Pretax | 625.0M |
| Income Tax Expense | 124.0M |
| Net Income/Loss | 501.0M |
Regions Financial Corporation is a financial holding company that provides banking and bank-related services to individual and corporate customers. The company operates through three segments: Corporate Bank, Consumer Bank, and Wealth Management. The Corporate Bank segment offers commercial banking services, including lending, equipment lease financing, deposit products, and advisory services to corporate, middle market, and commercial real estate clients. The Consumer Bank segment provides consumer banking products such as mortgages, home equity loans, credit cards, and deposits. The Wealth Management segment offers credit, retirement, trust, investment management, asset management, and estate planning services to individuals, businesses, and institutions.
